Effective trading

Effective tradingEffective trading calls on traders to confront significant psychological challenges. Facing and overcoming these challenges is not an easy endeavor. The difficulty lies in the fact that our mind, our biology, and even our genes are not naturally suited for the mental demands of trading. In fact, our minds, our biology, and our genes tend to work against us in trading.

The solutions traders develop to address these challenges—especially the notion that emotions should be eliminated—often compounds their troubles. We are not able to simply eliminate emotions or thoughts at will. That’s just not possible on a consistent basis. Our minds are more complex; a simplistic, naïve approach not only does not work, it makes matters worse. We need to approach the psychology of trading in a different way.

Dr Gary Dayton

Igor Marinkovic

Electronic engineer, futures trader and property investor and total beginner in making good web sites